The Riverside-San Bernardino-Ontario, CA Metro Area is a great place to live with plenty of economic opportunities. The cost of living here is relatively low, with 2 bedroom rental prices averaging $1,750 compared to the US average of $1,430, and grocery costs indexing at 99 versus 100 in the US. These lower costs make this area an attractive place for individuals and families alike. Local companies such as Amazon, Target, Lowe's and Home Depot have regional headquarters in this area making it a hub for major corporations. The area also has a number of small businesses ranging from restaurants and retail stores to professional services. The Riverside-San Bernardino-Ontario, CA Metro Area offers a great quality of life for its residents while providing an ideal business environment for local businesses and larger corporations alike.
Riverside-San Bernardino-Ontario Metro Area has an unemployment rate of 7.7%. The US average is 6.0%.
Riverside-San Bernardino-Ontario Metro Area has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Riverside-San Bernardino-Ontario Metro Area
- The Sales Tax Rate for Riverside-San Bernardino-Ontario Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Riverside-San Bernardino-Ontario Metro Area is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Riverside-San Bernardino-Ontario Metro Area
- The average income of a Riverside-San Bernardino-Ontario Metro Area resident is $22,571 a year. The US average is $28,555 a year.
- The Median household income of a Riverside-San Bernardino-Ontario Metro Area resident is $73,424 a year. The US average is $69,021 a year.